ASA PROD: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ASA PROD
Largest movements
- Cash +€13,545
up €13,545 (+422.5%), from €3,206 to €16,752
mainly Depreciation (+€28,448) and Current investments (+€10,020)
- Tangible fixed assets -€11,025
down €11,025 (-23.3%), from €47,353 to €36,328
of which Plant, machinery and equipment: -€10,969
- Current investments -€10,020
down €10,020 (-10.0%), from €100,183 to €90,163
- Receivables within one year -€7,119
down €7,119 (-41.4%), from €17,206 to €10,087
of which Trade receivables: -€4,049
- Tax, wage and social debts -€6,208
down €6,208 (-25.1%), from €24,689 to €18,481
- Other debts -€5,055
down €5,055 (-16.4%), from €30,872 to €25,818
- Profit (loss) carried forward -€2,219
down €2,219 (-4.3%), from €51,470 to €49,252
- Turnover -€155,751
down €155,751 (-46.3%), from €336,413 to €180,662
- Purchases and services -€89,258
down €89,258 (-34.8%), from €256,459 to €167,201
- Gross operating margin -€62,816
down €62,816 (-70.0%), from €89,686 to €26,870
- Taxes -€15,351
down €15,351 (-98.7%), from €15,559 to €209
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,008 | €154,390 | -€14,618 | -8.6% |
| Fixed assets | 21/28 | €48,413 | €37,388 | -€11,025 | -22.8% |
| Tangible fixed assets | 22/27 | €47,353 | €36,328 | -€11,025 | -23.3% |
| Plant, machinery and equipment | 23 | €38,635 | €27,666 | -€10,969 | -28.4% |
| Furniture and vehicles | 24 | €8,719 | €8,663 | -€56 | -0.6% |
| Financial fixed assets | 28 | €1,060 | €1,060 | = | 0.0% |
| Current assets | 29/58 | €120,595 | €117,002 | -€3,593 | -3.0% |
| Amounts receivable within one year | 40/41 | €17,206 | €10,087 | -€7,119 | -41.4% |
| Trade receivables | 40 | €10,237 | €6,187 | -€4,049 | -39.6% |
| Other amounts receivable | 41 | €6,970 | €3,900 | -€3,070 | -44.0% |
| Current investments | 50/53 | €100,183 | €90,163 | -€10,020 | -10.0% |
| Cash at bank and in hand | 54/58 | €3,206 | €16,752 | +€13,545 | +422.5% |
| Total equity and liabilities | 10/49 | €169,008 | €154,390 | -€14,618 | -8.6% |
| Equity | 10/15 | €111,370 | €109,152 | -€2,219 | -2.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €40,900 | €40,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €39,000 | €39,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,470 | €49,252 | -€2,219 | -4.3% |
| Amounts payable | 17/49 | €57,638 | €45,238 | -€12,400 | -21.5% |
| Amounts payable within one year | 42/48 | €57,638 | €45,238 | -€12,400 | -21.5% |
| Trade debts | 44 | €2,077 | €940 | -€1,137 | -54.7% |
| Suppliers | 440/4 | €2,077 | €940 | -€1,137 | -54.7% |
| Taxes, remuneration and social security | 45 | €24,689 | €18,481 | -€6,208 | -25.1% |
| Taxes | 450/3 | €24,689 | €18,481 | -€6,208 | -25.1% |
| Other amounts payable | 47/48 | €30,872 | €25,818 | -€5,055 | -16.4% |
| Turnover | 70 | €336,413 | €180,662 | -€155,751 | -46.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €256,459 | €167,201 | -€89,258 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,013 | €28,448 | +€1,435 | +5.3% |
| Other operating charges | 640/8 | €899 | €528 | -€370 | -41.2% |
| Gross operating margin | 9900 | €89,686 | €26,870 | -€62,816 | -70.0% |
| Operating profit (loss) | 9901 | €61,774 | -€2,107 | -€63,881 | |
| Financial income | 75/76B | €487 | €363 | -€124 | -25.4% |
| Recurring financial income | 75 | €487 | €363 | -€124 | -25.4% |
| Financial charges | 65/66B | €348 | €266 | -€82 | -23.6% |
| Recurring financial charges | 65 | €348 | €266 | -€82 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €61,912 | -€2,010 | -€63,922 | |
| Income taxes | 67/77 | €15,559 | €209 | -€15,351 | -98.7% |
| Profit (loss) for the period | 9904 | €46,353 | -€2,219 | -€48,572 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,353 | -€2,219 | -€48,572 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.